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Sep 22, 2013
09/13
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CNN
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we all want to reduce the deficit. remember this, president obama, when he became president, he said, i'm going to cut the deficit in half in four years. he did it in four years and three months. he did that. he's on a path to deficit reduction, we're all committed to that. put everything on the table, review it. but you cannot have anymore cuts just for the sake of cuts. right now you're taking trophies. >> you don't want to take entitlements. >> we don't want to sit at a table that says there's no place for social security in a civilized stoet. society. >> this isn't just the odd person out in their caucus. and by the way, by the way, the voucherizing of the medicare is in the ryan budget. medicare should wither on the vine. that is in the ryan budget. president washington said as he was leaving, he cautioned political parties at war with their own government. let me introduce you to the republican caucus in the house of representatives. not all of them, as you say, don't paint them all with the same brush, but enoug
we all want to reduce the deficit. remember this, president obama, when he became president, he said, i'm going to cut the deficit in half in four years. he did it in four years and three months. he did that. he's on a path to deficit reduction, we're all committed to that. put everything on the table, review it. but you cannot have anymore cuts just for the sake of cuts. right now you're taking trophies. >> you don't want to take entitlements. >> we don't want to sit at a table...
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Jan 17, 2013
01/13
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it will reduce the deficit. obama care has brought the number of uninsured americans to the lowest level since 2008. however, the law would be fully implemented until 2014. it would put pressure on all insurers to lower their premiums in order to compete. it would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion in 2001. >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military personnel saw an increase in health care premiums. now, there are two things republicans love, the military and reducing the deficit. republican should be thrilled with the public option. how can you make a hundred billion dollar mistake? who's doing the math? will it save or won'
it will reduce the deficit. obama care has brought the number of uninsured americans to the lowest level since 2008. however, the law would be fully implemented until 2014. it would put pressure on all insurers to lower their premiums in order to compete. it would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs...
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Oct 17, 2013
10/13
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FBC
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charles: sequestration has been a big boone with respect to the deficit, you want to get rid of that and lower the deficit at the same time, it does not jive. >> in central texas, college, i think we should have learned there, that any time you dos budget it is a priority. sequestration is an arbitrary way of doing companies i agree. but let's do this in the dollars way, by setting priorities before we cut a-- way. charles: do you think thereupon be a legit platt olive branch. there will be a opportunity from the white house to really do something on this? >> i i don't want av this vote today we opens government, we lost one.file billion. of fi of economic production, i think we should ask everyone, democrats and republican, we should goal together and find a way to reduces budget, due the. and you very much. we to det to washington d.c. the bill just pass. to verdict default. reopened the government, raise the debt ceiling, a lot of the things a lots of people knew would lap, an wh deal. >> and he suggested that they start doing what they could to engage senator mcconnell and i, as
charles: sequestration has been a big boone with respect to the deficit, you want to get rid of that and lower the deficit at the same time, it does not jive. >> in central texas, college, i think we should have learned there, that any time you dos budget it is a priority. sequestration is an arbitrary way of doing companies i agree. but let's do this in the dollars way, by setting priorities before we cut a-- way. charles: do you think thereupon be a legit platt olive branch. there will...
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members of congress are considered to be bigger problems than the economy and unemployment and the deficit and health care. this president and his administration are simply refusing to listen to the american people. they're not just refusing to negotiate but they will not listen. this includes listening to 62% of voters who want congress to raise the debt ceiling only after agreeing government spending and they aren't listening to the 51% oppose obamacare. and that is part of the politics that they propagate. please don't worry, mr. president. names like extortion. it has a ring, doesn't it? and how is that name-calling working for you so far? the grand canyon is closed from the workout room at the capitol is still open we will have our guests next i am. lou: breaking news, the pentagon announcing that the pentagon will cut off soldiers payments among the government shutdown. defense secretary chuck hagel blew the cover after jay carney refused to answer a question as to exactly when the president became aware of the problem. in the days before the shutdown, we want congress and the americ
members of congress are considered to be bigger problems than the economy and unemployment and the deficit and health care. this president and his administration are simply refusing to listen to the american people. they're not just refusing to negotiate but they will not listen. this includes listening to 62% of voters who want congress to raise the debt ceiling only after agreeing government spending and they aren't listening to the 51% oppose obamacare. and that is part of the politics that...
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May 16, 2013
05/13
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MSNBCW
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they want to see the deficit come down. a new report shows that the deficit has shrunk by $800 billion since president obama took office. that's the fastest deficit reduction we've had since world war ii. the last one, $200 million despite all of the deficit shrinking. the gop is still refusing to roll back the automatic budget cuts, some of which dana just referred to. here's some local tv reports on how those cuts are hurting real people on the ground. look at this. >> cuts to the department of housing and urban development have left thousands of low income families struggling to get a place to live. >> getting kids like clamari in to head start is going to be more difficult. because of budget cuts, places like this are taking less kids the next school year. >> thousands of meals may be cut. the director says it comes at a time when donations are already down. >> it's real stuff, congresswoman. >> that's right. and it's really staggering. i've been out in my district where we have worker who is are facing furloughs, we ha
they want to see the deficit come down. a new report shows that the deficit has shrunk by $800 billion since president obama took office. that's the fastest deficit reduction we've had since world war ii. the last one, $200 million despite all of the deficit shrinking. the gop is still refusing to roll back the automatic budget cuts, some of which dana just referred to. here's some local tv reports on how those cuts are hurting real people on the ground. look at this. >> cuts to the...
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and we have cut the deficit in half. whoever thought that we were having this trillion dollar deficit. to view that as progress, $600 billion a year, we are adding that to a trillion dollar debt. you're going to have a fight within the republican party about whether this is not progress and whether to get tougher on spending. the constitution gives the power of this to congress. and by the way you have a one-party veto. the house of republicans, if it decides it doesn't want to fund something, it doesn't get funded. there's a lot of power in the majority of the house. we wanted to do the health care thing health care thing and assumed that freezes everything, it seems unpredictable. do you notice better than i do. thank you. >> people are now looking at the house and senate, exempting themselves from obamacare and that makes people think that these guys are out of touch. neil: thank you, steve. democrats playing the same old spending game. is it time that they look at that clock? >> is it just a collective indifference?
and we have cut the deficit in half. whoever thought that we were having this trillion dollar deficit. to view that as progress, $600 billion a year, we are adding that to a trillion dollar debt. you're going to have a fight within the republican party about whether this is not progress and whether to get tougher on spending. the constitution gives the power of this to congress. and by the way you have a one-party veto. the house of republicans, if it decides it doesn't want to fund something,...
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Oct 16, 2013
10/13
by
CNN
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we cannot continue to run up our debt and deficit. just a 1% increase in our interest rate on the debt we have right now would be 110 billion a year, $1 trillion over ten years. you can't afford >> it a lot of republicans point to boles simpsons and say the president set up this commission, bipartisan commission and basically ignored the results of >> it who are those republicans? the same republicans who voted against it? you know, at some point we all share responsibility for doing this. and i think that from my conversations with a lot of people who are maybe on the more moderate specter, i came here to solve problems. and one of those problems is our debt and deficit moving forward we've got to get this done. okay. assuming the deadlines are met, the shutdown is over, is there something you would be willing to have on the table from obama care? >> well, i've said all along a lot of the things that have been discussed very openly on the floor of the senate, things like health savings accounts, reconnecting the consumer to the cost
we cannot continue to run up our debt and deficit. just a 1% increase in our interest rate on the debt we have right now would be 110 billion a year, $1 trillion over ten years. you can't afford >> it a lot of republicans point to boles simpsons and say the president set up this commission, bipartisan commission and basically ignored the results of >> it who are those republicans? the same republicans who voted against it? you know, at some point we all share responsibility for...
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Oct 9, 2013
10/13
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MSNBC
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he said the opposite, not deficit cutting, it was obama care. the deficit has been cut by half, the president said today. >> let's go to more what the president said in his news conference. he talked about the concept of ransom, something we are going to be hearing in every presidential press conference as long as this crisis goes on: >> key members of congress and house of representatives, don't get to demand ransom in exchange for their jobs. two of their jobs are passing a budget and make sure america is paying its bills. they don't also get to say, you know, unless you get me what the voters rejected in the last election i will cause a recession. that's not how it works. >> joy, everything we are talking about here, keeping the government open. the debt ceiling. these are all unique congressional powers. the president is just a signature on something the congress must do. it is their action to take. what are they even looking down the street at the white house for on this? >> for cover. because right now, they need to d demonstrate to their
he said the opposite, not deficit cutting, it was obama care. the deficit has been cut by half, the president said today. >> let's go to more what the president said in his news conference. he talked about the concept of ransom, something we are going to be hearing in every presidential press conference as long as this crisis goes on: >> key members of congress and house of representatives, don't get to demand ransom in exchange for their jobs. two of their jobs are passing a budget...
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Mar 14, 2013
03/13
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FOXNEWSW
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you said obamacare would reduce the deficit. it's skyrocketing the deficit. you lied. when are you going to tell the american people the truth, that's my question. >> sean: he's not. you mentioned-- i think used jim jones democrats out there which is typical levin humor, but there's truth to it. we have these johnnie-come-lately zombies sucked into hope and change and chanting repeatedly. he promised obamacare was 900 billion over ten years, latest estimates is three times that amount and over the long-term 6 trillion added to the debt. we cannot afford this and survive, but the president just keeps demagoguing and scaring old people and playing the same old notes and the same talking points and bumper stickers that seem to work. >> well, you know, the democrat party may have a suicide pact for this country, but i choose not to participate and there are tens of millions of us who choose not to participate and that's what's so frustrating. we have a president who's driven by ideology and who is incompetent, who's apparently economically illiterate, but whatever the reas
you said obamacare would reduce the deficit. it's skyrocketing the deficit. you lied. when are you going to tell the american people the truth, that's my question. >> sean: he's not. you mentioned-- i think used jim jones democrats out there which is typical levin humor, but there's truth to it. we have these johnnie-come-lately zombies sucked into hope and change and chanting repeatedly. he promised obamacare was 900 billion over ten years, latest estimates is three times that amount and...
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Dec 12, 2013
12/13
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and we have been running deficits in this country, you know that. we have been running deficits in this country, basically nine out of ten years for 50 years, we've done all right during those periods. so it seems to me that is not really the issue. >> this is the slowest economic growth spurt we have had coming off the recession, and there are reasons for that. >> right around the time the budget control passed, and we have cut 600,000 public sector jobs. we've done more in this recovery than any other -- if you add the jobs comparable to reagan or george w. bush figures, you actually get an unemployment number that starts to look a lot better. >> you're ignoring the rate of employee growth in the preceding decade and a and a half. it was an explosive long-term growth. you're ignoring that when you talk about the things you're talking about. the stimulus bill was unprecedented. a trillion dollar bill, it didn't work because most of it went to prop up the government employees around the country and didn't go to the shovel-ready profits. >> i do than
and we have been running deficits in this country, you know that. we have been running deficits in this country, basically nine out of ten years for 50 years, we've done all right during those periods. so it seems to me that is not really the issue. >> this is the slowest economic growth spurt we have had coming off the recession, and there are reasons for that. >> right around the time the budget control passed, and we have cut 600,000 public sector jobs. we've done more in this...
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Oct 16, 2013
10/13
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FOXNEWSW
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good to come on. >> on the deficit, we have a president that was threatening to default when the money was there. that had to be in fitch's calculations. >> thank you so much, sir. >> thank you, megyn, really appreciate you, love your show. >> thank you so much, a first video of the president facing tough questions about his role and some of the ugliness in [ male announcer ] hurry in to red lobster's crabfest, with three entrées under $20. like our new snow cb and crab butter shrimp, just $14.99. only at red lobster where we sea food differently. [ male announcer ] now try 7 lunch choices at $7.99. sandwiches, sals, and more. the wright brothers became the first in flight. [ goodall ] i think the most amazing thing is how like us these chimpanzees are. [ laughing ] [ woman ] can you hear me? and you hear your voice? oh, it's exciting! [ man ] touchdown confirmed. we're safe on mars. [ cheers and applause ] ♪ hi. [ baby fussing ] ♪ it guides you to a number that will change your life: your sleep number setting. it will give you the soundest sleep you've ever had. it's a bed so int
good to come on. >> on the deficit, we have a president that was threatening to default when the money was there. that had to be in fitch's calculations. >> thank you so much, sir. >> thank you, megyn, really appreciate you, love your show. >> thank you so much, a first video of the president facing tough questions about his role and some of the ugliness in [ male announcer ] hurry in to red lobster's crabfest, with three entrées under $20. like our new snow cb and crab...
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Feb 21, 2013
02/13
by
MSNBC
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eye 45
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but you do not make up the deficit in the polls. this kind of scenario, every day, every week, there will be those furlough letters going out. so even before we get to meat not getting on the shelves, there are going to be bad stories about government workers, not generic government workers, but fire fighters, people trying to raise their families, go out, do an honest day's work. they're going to be the story. not tax cuts. not the president against john boehner. >> you see u joe, this is what the e lerksz was all about. and i raise this to the president on my radio show today. why would the republicans even risk this or even do this to the american people when the election is over. they cannot vote him out. he won't be running again. and listen to what his answer was to me. it seems they understand the impact. i don't understand why anyone would even risk this when it will impact so many people across economic lines, racial lines, party lines. i mean, it's just going to be something that hits everybody. >> well, my sense is that t
but you do not make up the deficit in the polls. this kind of scenario, every day, every week, there will be those furlough letters going out. so even before we get to meat not getting on the shelves, there are going to be bad stories about government workers, not generic government workers, but fire fighters, people trying to raise their families, go out, do an honest day's work. they're going to be the story. not tax cuts. not the president against john boehner. >> you see u joe, this...
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Sep 21, 2013
09/13
by
MSNBC
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. $24 billion in deficit reduction added by the way, to about 237b9 $5 trillion and deficit reduction. we have already put in place over the next ten years, so when they talk about they should do something about the deficit, we're already doing something about the deficit and if they would work with us and stop this crazy sequester and focus on outinnovating and outeducating in a global economy, we could do even more. >> also repeal obama care, that increases the deficit. but senator ted cruz, one of the thipgs happening here, a lot of pressure, too, coming from your chamber, forcing the senator, mike lee, senator rand paul, they're going to try to do what rand paul did on the drone. go to the floor of the -- are senate democrats prepared for that? >> filibustering is not a new thing. and if they decide to do that, then it will be up to us to close debate and we will need 60 votes. we have colleagues that have spoken out. responsible republicans in the senate who have said this is crazy and we're going to count on them to join us because think about for a minute, this whole issue on r
. $24 billion in deficit reduction added by the way, to about 237b9 $5 trillion and deficit reduction. we have already put in place over the next ten years, so when they talk about they should do something about the deficit, we're already doing something about the deficit and if they would work with us and stop this crazy sequester and focus on outinnovating and outeducating in a global economy, we could do even more. >> also repeal obama care, that increases the deficit. but senator ted...
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Sep 19, 2013
09/13
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MSNBCW
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if we're going to continue on this spree of trillion deficits. it's going to be a good year, of course that sarcasm is bad. >> you know as well as i do that these bills have been passed. the costs haven about run up already. the bills have been signed by the president. what you're talking about is will you pay your debts or not. >> wait a second, chris. it's the same thing that governors have to do in the 50 states. if you have a legislature and they're wrong and the spending exceeds the revenue then you have pro ray shun. >> there's no danger here of the unit going into default. >> i'm not saying there's no danger. there is a risk to our economy. and i hope that the president will understand that there is a bigger picture here and that bigger picture is whether or not the united states of america is going to continue on this path to insolvency and bankruptcy. that is a much bigger threat. >> what does he have to do to avoid dough fault, the president? >> what the president has to do. okay. which default are you using? the jack lew's? >> i want t
if we're going to continue on this spree of trillion deficits. it's going to be a good year, of course that sarcasm is bad. >> you know as well as i do that these bills have been passed. the costs haven about run up already. the bills have been signed by the president. what you're talking about is will you pay your debts or not. >> wait a second, chris. it's the same thing that governors have to do in the 50 states. if you have a legislature and they're wrong and the spending...
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Oct 15, 2013
10/13
by
FBC
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eye 100
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straight party line vote, that is what created a lot of this we think that obamacare will add to our deficit, our structural problem going forward. are you going to have the fight now or not at all. lou: but you have to fight within our own caucus, that is going to be won if reason is to prevail. you will get last word in jonny john lonski. >> this remains the weakestic ik est economic recovery since second worm war, the last thing -- second world war, last thing we need now is lack of confidence, and businesses are people or fearful about the future. as a ru result they are cutting back on spending and fewer jobs are created. lou: up next, amnesty. jamming up border security, trying to stop deportation, i guess this is a form of immigration reform. the full reporttis next, much more stay with us. it's a growing trend in business: do more with less with less energy. is helping ups do just that. soon, the rld's most intelligent rvers, y hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand lations, and they'll provide the same bene
straight party line vote, that is what created a lot of this we think that obamacare will add to our deficit, our structural problem going forward. are you going to have the fight now or not at all. lou: but you have to fight within our own caucus, that is going to be won if reason is to prevail. you will get last word in jonny john lonski. >> this remains the weakestic ik est economic recovery since second worm war, the last thing -- second world war, last thing we need now is lack of...
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Oct 17, 2013
10/13
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FOXNEWSW
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eye 126
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going forward as obama care gets worse maybe, i think probably, the deficit problems get worse definitely, those are good issues to be on the right side and to have staked a claim on. i also think republican governors will be in pretty good shape. the country, according to gallup and other polls has become more conservative under barack obama. this new progressive era never transpired that we were supposed to get. >> megyn kelly will join us in a bit. keep it here. my mantra? always go the extra mile. to treat my low testosterone, i did my research. my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as uneected signs of puberty in children or changes in body hair or increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical conditions and medition
going forward as obama care gets worse maybe, i think probably, the deficit problems get worse definitely, those are good issues to be on the right side and to have staked a claim on. i also think republican governors will be in pretty good shape. the country, according to gallup and other polls has become more conservative under barack obama. this new progressive era never transpired that we were supposed to get. >> megyn kelly will join us in a bit. keep it here. my mantra? always go...
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Oct 17, 2013
10/13
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MSNBC
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a and we would have no way got our arms around the debt and deficit in the country because our economy would have been in the tank, far worse than it was back in 2008. you know, i don't know -- why you would follow somebody who would take you down a path to destruction, but that is what some of the house members are doing. i think it is very unfortunate for the country. >> understanding what you do about why this happened, how this happens, and obviously, i can hear it in the tone of your voice how you feel. the anger you have about the consequences of what we've just been through over the last three weeks, do you feel like you have learned anything and the senate has learned anything about how to avert it and stop it? >> well, i think there are good people on both sides of the aisle in the senate that want to get things done to move the economy forward in the right direction. we're working in a bipartisan way for example, rachel, on a house financing reform bill that i think should be the next bill up, as soon as we get things operational again and get back in town. it will help the h
a and we would have no way got our arms around the debt and deficit in the country because our economy would have been in the tank, far worse than it was back in 2008. you know, i don't know -- why you would follow somebody who would take you down a path to destruction, but that is what some of the house members are doing. i think it is very unfortunate for the country. >> understanding what you do about why this happened, how this happens, and obviously, i can hear it in the tone of your...
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Feb 10, 2013
02/13
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CNN
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favor of reducing the deficit now. the short term, i am not in fave of reducing the deficit. but i do think there have to be some longer-term plans that give the financial markets some degree of confidence that we're not just going to blow apart. i think this is something on the longer term which is what bowles/simpson was all also, something which i favored totally. so i think that was a combination of including longer-term control over some of our big expenditures, particularly in health care. and that is something we have to do. i think the president could get some things if, in fact, he addressed some of these longer-term issue, but he walked away from that and there's no confidence that he really cares about it. >> let's talk about common economics. i would have thought you would have been in favor of immigration reform, gun control. you're saying these things should be weighed down. >> i'm incredibly in favor of all these initiative, including, of course, energy, which he should have done something about his firs
favor of reducing the deficit now. the short term, i am not in fave of reducing the deficit. but i do think there have to be some longer-term plans that give the financial markets some degree of confidence that we're not just going to blow apart. i think this is something on the longer term which is what bowles/simpson was all also, something which i favored totally. so i think that was a combination of including longer-term control over some of our big expenditures, particularly in health...
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Dec 12, 2013
12/13
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MSNBCW
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it has deficit reduction in it. at the end of the i da, you know, the fact of the matter is elections do have consequences. and one of the consequences of the election is you try to get the best deal you can get. and i think that's what paul ryan has done here. when you look at some of these conservative group, they had the fund raising letters out before they had any ability to analyze what was in the deal. so the politics for profit wing of the party is at it again to the detriment of the wing of the party that actually has to play a part in governing the country. and that's what you're seeing here. >> are you surprised to see the speaker of the house directly shot at them. that they're mad because they know this is a way if you're mad at a budget deal to show your anger, and can you raise a lot of money on it. and that's not the interests of the republican party being done there, but the interest of the fundraiser. i've never seen boehner to do this. to go after the fund money, the rich people in the party. >> th
it has deficit reduction in it. at the end of the i da, you know, the fact of the matter is elections do have consequences. and one of the consequences of the election is you try to get the best deal you can get. and i think that's what paul ryan has done here. when you look at some of these conservative group, they had the fund raising letters out before they had any ability to analyze what was in the deal. so the politics for profit wing of the party is at it again to the detriment of the...
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Apr 10, 2013
04/13
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president obama outlined his budget priorities. >> growing our economy, creating jobs, shrinking or deficits, keeping our promise to the generation that made us great, but also investing in the next generation. the next generation will make us even greater. these are not conflicting goals. we can do them in concert. that's what my budget does, the numbers work. there's not a lot of smoke and mirrors in here. >>> the president call plans for reduction in social security and medicare, new investments in education and infrastructure, and new taxes on the wealthy, mainly a revival of the buffett rules, ensure that those who make at least 30% of their income in taxes at over a million. >>> it's meant to draw republicans back to the bargaining table, but the final offer. a senior white house official said the following -- we don't view this budget as a starting point in the negotiation. this is an offer where the president came more than halfway toward the republicans in an attempt to get this fiscal deal and get this era of government by crisis behind us. the republicans seem to be ready to snap
president obama outlined his budget priorities. >> growing our economy, creating jobs, shrinking or deficits, keeping our promise to the generation that made us great, but also investing in the next generation. the next generation will make us even greater. these are not conflicting goals. we can do them in concert. that's what my budget does, the numbers work. there's not a lot of smoke and mirrors in here. >>> the president call plans for reduction in social security and...
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Oct 9, 2013
10/13
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MSNBC
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get this -- this country has run a deficit in 45 of the last 50 years. no household could get away with that, but then again, no household has the ability to print its own money either. the national debt has grown to nearly $17 trillion as a result of these deficits piling on top of each other. if congress wanted to change that, well, they're the ones that authorize and appropriate literally every single cent the government spends. so go to town. but the debt limit, to quote president kennedy, does not and cannot control expenditures. no. all blocking the debt ceiling does is send and incredibly dangerous signal to the world that the u.s. may not deserve to be the single most trusted borrower on earth. here is what you are messing with if you mess with the debt ceiling. the u.s. issues debt by selling treasury bonds and the reason that people buy treasury bonds is that they are supposed to be literally the safest investment in the entire world. they are the golden promise on which the entire global financial system is built. if the u.s. owes you, it's go
get this -- this country has run a deficit in 45 of the last 50 years. no household could get away with that, but then again, no household has the ability to print its own money either. the national debt has grown to nearly $17 trillion as a result of these deficits piling on top of each other. if congress wanted to change that, well, they're the ones that authorize and appropriate literally every single cent the government spends. so go to town. but the debt limit, to quote president kennedy,...
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Apr 13, 2013
04/13
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FBC
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the deficit's coming down. we've ran up a lot of big deficits in the recession. the recession's getting better, as you noted, where the economy's growing, and that means tax revenues are growing, but the economy's not growing fast enough, so tax revenues are not back to normal by any manner of means. they fell to app all-time low as a percent of gdp. now they're back to about 17% of gdp. normal over the last 20 years or so has been about 18.5. now, we spend more than we take in, but the deficit's coming down, and the real problem is, as you look ahead, what do you say? well, you see baby boomers retiring and being elizabeth jill for medicare and medicaid, so we're going to need to slow the growth of those programs and, i believe, raise some more revenue from a reformed tax system. neil: that might all work and happen, but this is a stone i cast on both sides here. drat creative when it comes for coming up with ways for washington to get the money, but not creative for ways for washington to start, you know, slowing down all that spending of our money, and that ps
the deficit's coming down. we've ran up a lot of big deficits in the recession. the recession's getting better, as you noted, where the economy's growing, and that means tax revenues are growing, but the economy's not growing fast enough, so tax revenues are not back to normal by any manner of means. they fell to app all-time low as a percent of gdp. now they're back to about 17% of gdp. normal over the last 20 years or so has been about 18.5. now, we spend more than we take in, but the...
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last year i signed into law a $1.7 trillion in deficit reduction there will be more deficit reduction as congress decides what to do about the automatic spending cuts that we have now delayed for two months. as i have demonstrated throughout the past several weeks, i am very open to compromise i believe that we have to find ways to reform the program. there is further spending that we can eliminate in government. but we can't simply cut away to prosperity. cutting spending has to go hand-in-hand with further reforms to our tax code so that the wealthiest corporations and individuals can take advantage of loopholes and deductions that aren't available to most americans. and we can't keep putting things like basic research and new technology and still expect to succeed in the 21st century economy.. we have to do it in a balanced way. even as we get a handle on our spending. i will not have another debate with this congress over whether or not they should pay the bills that they have wrapped up through the laws they pass. we cannot pay bills we have already incurred. the consequences wou
last year i signed into law a $1.7 trillion in deficit reduction there will be more deficit reduction as congress decides what to do about the automatic spending cuts that we have now delayed for two months. as i have demonstrated throughout the past several weeks, i am very open to compromise i believe that we have to find ways to reform the program. there is further spending that we can eliminate in government. but we can't simply cut away to prosperity. cutting spending has to go...
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Oct 10, 2013
10/13
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tell, since like the dawn of the 20th century or at least the new deal, has not been the opposition to deficits or the debt, there was a time when they said reagan did it. it is the government provisions to the needy, whether it is to the elderly, the poor, medicaid, food stamps, anything that has to do with government providing benefits to out-groups or to the needy, that is what conservatives oppose. and the reason for opposing the affordable care act, people are not against people buying insurance, it is because they see it as a transfer of wealth to the less wealthy. >> let me just add the notion that the tea party is concerned about money transferring to corporations is fanciful, i think it is a segment of the libertarians who wish this was the problem. you're right, the tea party people don't necessarily get their money from wall street, but from other industries. we know where this money was coming from. a quarter of a billion was just found from the koch brothers, that is the reality. >> you look at a guy like cruz, and yes, his wife is deeply into the financial industry. what do you th
tell, since like the dawn of the 20th century or at least the new deal, has not been the opposition to deficits or the debt, there was a time when they said reagan did it. it is the government provisions to the needy, whether it is to the elderly, the poor, medicaid, food stamps, anything that has to do with government providing benefits to out-groups or to the needy, that is what conservatives oppose. and the reason for opposing the affordable care act, people are not against people buying...
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Apr 11, 2013
04/13
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deficit reduction is not the north star of what we need to do. giving middle-income wages up is important, but if you want to do deficit reduction you have to go to where the money is. he proposed just under 2 trillion in additional deficit reduction on top of the two and a half. 600 billion is coming from entitlement reform. everyone agrees that it want to get the deficit -- neil: fair enough. fair enough. >> but the republicans -- here's the point. they don't touch current entitlement beneficiaries 1 cent, social security. neil: that means -- i don't know about that. what i am worried about is how firing your chef or taking a 5 percent pay cut works in with some of the other presumably more substantial figures. >> like he said, it was an example, a talking point, something that will point to, the white house will point to to show that the president is feeling the pain. this afternoon the white house came out and said 468 white house staffers would also be furloughed. whether that be for one they were a few, but these are the necessary -- neil:
deficit reduction is not the north star of what we need to do. giving middle-income wages up is important, but if you want to do deficit reduction you have to go to where the money is. he proposed just under 2 trillion in additional deficit reduction on top of the two and a half. 600 billion is coming from entitlement reform. everyone agrees that it want to get the deficit -- neil: fair enough. fair enough. >> but the republicans -- here's the point. they don't touch current entitlement...
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Oct 15, 2013
10/13
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anything that they can get as a broader deal, dealing with the debt and deficit. so that is a bit of a change, but with regard to reopening the government, the framework of this deal seems to be pass a bill, fund the government until january 15th, and making sure that budget negotiators have a deadline before the month of december, so the hope is we don't have this crisis again, that they actually do their work, put together a deal that lasts throughout the crisis. and the government would be funded throughout january. >> and it seems, dana, there are issues on the table, is there a possibility -- the senate democratic leaders have refused such a thing in the past. >> it seems like a real probability, this is from sources in both parties, anderson, even some democratic sources who vowed never to put anything on the table with regard to obama care, because they didn't want to use it as ransom to extend the debt ceiling or fund the government. but the issues are dealing with the people getting subsidies, making sure they're verified with regard to how much income th
anything that they can get as a broader deal, dealing with the debt and deficit. so that is a bit of a change, but with regard to reopening the government, the framework of this deal seems to be pass a bill, fund the government until january 15th, and making sure that budget negotiators have a deadline before the month of december, so the hope is we don't have this crisis again, that they actually do their work, put together a deal that lasts throughout the crisis. and the government would be...
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Oct 17, 2013
10/13
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we start running huge, huge deficits again. two wars on the credit card, a prescription drug not only on the credit card but didn't allow us to negotiate down drug prices with the drug companies. and then the deregulation collapses the whole economy. we go into a freefall. we've got to do a rescue package for the auto industry. you have to do a stimulus bill and they have the audacity to turn around and say, boy, these democrats. i tell you what, they really know how to spend a lot of money. we're still cleaning up their messes from the last 20 years. >> well, i hope that the democrats don't allow the republicans to get amnesia when it ms. to who's paying for what in the budget negotiations. you're on the house budget committee. i think you know very well what paul ryan is going to be pushing for. there's going to be voucher talk, all kinds of talk about curbing social security benefits. and then no revenue. do you think that this country can straighten its finances out with no revenue? no new revenue? >> i don't think so in th
we start running huge, huge deficits again. two wars on the credit card, a prescription drug not only on the credit card but didn't allow us to negotiate down drug prices with the drug companies. and then the deregulation collapses the whole economy. we go into a freefall. we've got to do a rescue package for the auto industry. you have to do a stimulus bill and they have the audacity to turn around and say, boy, these democrats. i tell you what, they really know how to spend a lot of money....
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Mar 7, 2013
03/13
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they both say they want to cut the deficit. stop adding to the national debt. so, fortunately u we have a perfect number system to do it. the report says the federal government should only be spending 1 sdla$1 out of $5. raise $1 in $5 in taxes or stop complaining about the deaf silt. same for the democrats. if they want the government to spend more, they should back up that revenue level up to that amount. both sides want to bargain. if they really want to get to a solution, here it is. both sides have to agree, a, to tax stuff to pay for the government they believe in. and, b, limit the size of the government to the level that they're willing to pay for. beautiful. and that's "hardball" for now. thanks for being with us. "politics nation" with al sharpton starts right now. >> thanks, chris. >>> and thanks to you for tuning in. >>> tonight's lead, news flash for republicans. the president is not the boogieman. he's not a king. he's not a socialist. he doesn't have horns. in fact, he's actually a really nice guy who invites people over to his house for lunch. h
they both say they want to cut the deficit. stop adding to the national debt. so, fortunately u we have a perfect number system to do it. the report says the federal government should only be spending 1 sdla$1 out of $5. raise $1 in $5 in taxes or stop complaining about the deaf silt. same for the democrats. if they want the government to spend more, they should back up that revenue level up to that amount. both sides want to bargain. if they really want to get to a solution, here it is. both...
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Oct 16, 2013
10/13
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good to come on. >> on the deficit, we have a president that was threatening to default when the money was there. that had to be in fitch's calculations. >> thank you so much, sir. >> thank you, megyn, really appreciate you, love your show. >> thank you so much, we get a first video of the president facing tough questions about his role and some of the ugliness in washington, wait until you see his take on it, in moments. jc: lunch at that one restaurant we all like? rojc: i'm your coworker! c'mon guys. i'm driving. hey, you guys comfortable? it's best-in-class rear legro. and with a turbo engine that gets 35 highway m-p-g. you know j.d. power ranked passat the most appealing midsize car two years in a row? i bet, uh, dan here wishes somebody found him most appealing two years in a row. ron: it's ron jc: ron... exactly. vo: get 0 down, 0 due at signing, 0 deposit, and 0 first month's payment on passat or any new 2014 volkswagen. her busy saturday begins with back pain, when... hey pam, you should take advil. why? you can take four advil for all day relief. so i should give up my two al
good to come on. >> on the deficit, we have a president that was threatening to default when the money was there. that had to be in fitch's calculations. >> thank you so much, sir. >> thank you, megyn, really appreciate you, love your show. >> thank you so much, we get a first video of the president facing tough questions about his role and some of the ugliness in washington, wait until you see his take on it, in moments. jc: lunch at that one restaurant we all like?...
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Jan 15, 2013
01/13
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. >> ironically would probably increase our deficit. it is absurd. >> the president won't back down on the debt ceiling or on gun safety. >> the pressing issue of gun reform. >> exactly one month after the tragedy at sandy hook. >> if there is a step we can take that will save even one child we should take that step. >> gun violence continues to wreak its deadly toll each day. >> this is a moment to act. >> congress is incapable of passing an assault weapon ban. >> everybody is totally upset by it. >> what makes sense? what works? >> this is a moment to act. >> this is a promise to turn the conversation into actions. >> if there is a step we can take that will save even one child, we should take that step. >> the lecturer in chief returns to the east room of the white house today to explain something to congressional republicans that previous presidents have not had to explain to congress. >> i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more s
. >> ironically would probably increase our deficit. it is absurd. >> the president won't back down on the debt ceiling or on gun safety. >> the pressing issue of gun reform. >> exactly one month after the tragedy at sandy hook. >> if there is a step we can take that will save even one child we should take that step. >> gun violence continues to wreak its deadly toll each day. >> this is a moment to act. >> congress is incapable of passing an...
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Mar 1, 2013
03/13
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>> well, look, we've already cut $2.5 trillion in our deficit. everybody says we need to cut $4 trillion. which means we have to come up where another trillion and a half. the vast majority of the economists agree that the problem when it comes to deficits is not discretionary spending, it's not that we're spending too much money on education, it's not that we're spending too much money on job training or that we're spending too much money rebuilding our roads and our bridges. we're not. the problem that we have is a long term problem in terms of our health care costs. and programs like medicare. and what i've said very specifically, very detailed, is that i'm prepared to take on the problem where it exists on entitlements and do some things that my own party really doesn't like if it's part of a broader package of sensible deficit reduction. so the deal that i've put forward over the last two years, the deal that i put forward as recently as december, is still on the table. i am prepared to do hard things and to push my democratic friends to do
>> well, look, we've already cut $2.5 trillion in our deficit. everybody says we need to cut $4 trillion. which means we have to come up where another trillion and a half. the vast majority of the economists agree that the problem when it comes to deficits is not discretionary spending, it's not that we're spending too much money on education, it's not that we're spending too much money on job training or that we're spending too much money rebuilding our roads and our bridges. we're not....
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Dec 12, 2013
12/13
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the use our members in the american people for their own goals it is ridiculous if you are for more deficit reduction you're for this agreement. >> america's prosperity fall lobby against the deal reducing the deficit by $2 billion per year over the next decade but it is a reduction. house republicans have announced they will bring a deal to the floor tomorrow. one of the last legislative facts before they leave for washington. it is interesting to see two votes no. democrats are skeptical because partly it does not include the unemployment benefits. with democrats reservation steady for here is not whipping up any votes as of this hour in the senate next week will go on the proposal is expected to pass although the growing list of senators is opposing it including mitch mcconnell and marco rubio and rand paul. on wall street stocks finished for the second straight session and the nasdaq is down 57 points. and all said to return to the new york stock exchange the biggest ever for a hotel raising 2.3 billion dollars. much more ahead. sticking with the dealings of the west while our guest tel
the use our members in the american people for their own goals it is ridiculous if you are for more deficit reduction you're for this agreement. >> america's prosperity fall lobby against the deal reducing the deficit by $2 billion per year over the next decade but it is a reduction. house republicans have announced they will bring a deal to the floor tomorrow. one of the last legislative facts before they leave for washington. it is interesting to see two votes no. democrats are...
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Jun 21, 2013
06/13
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it's not about policy and it's not about the deficit. it's about paying a price to appease the deep fears of the republican base. fears that were so eloquently described yesterday on the lawn of the capitol. >> there are people who are coming here who want to come to cut your lawn and have a better life. but there are people who want to cut your throat. >> the cost of keeping people like that quiet is $30 billion. courtesy of the u.s. taxpayer. joining me is ezra klein. we have had this discussion about how everything about the immigration debate isn't about what people say it is. i want to start on the border fence and talk about poverty. i want to play this bit of senator corker admitting that the bill he proposed is overk l overkill. take a listen. >> for people who are concerned about border security, once they see what is in this bill, it's almost overkill. >> who advertises the policy in washington that they are supporting as overkill, as doing more as spending too much money? that's the opposite of what we're supposed to get out o
it's not about policy and it's not about the deficit. it's about paying a price to appease the deep fears of the republican base. fears that were so eloquently described yesterday on the lawn of the capitol. >> there are people who are coming here who want to come to cut your lawn and have a better life. but there are people who want to cut your throat. >> the cost of keeping people like that quiet is $30 billion. courtesy of the u.s. taxpayer. joining me is ezra klein. we have had...
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the willing, if he's going to sit down and negotiate, to keep whittling this deficit down. lou: as we are looking at videos of the president there, the president had refused to sign the legislation and to take it up as he is basically admonishing house republicans in front of the same employees that he had refused to bring back from furlough and this is getting beyond circuitous and stretching the bounds of all reason, isn't it? >> the hypocrisy is simply breathtaking. the president is basically saying that some in the house we have come across has been giving us everything we want or we won't talk you. friendly committee think it's important to open the government, we have opened big chunks of it and we agreed and pass these bills and sometimes the best way to get to a compromise is step-by-step. but again, holding this position, we are going to dictate what the outcome is before there is a negotiation. no one in their right mind is going to give you that. speaker has made it abundantly clear that he will not spend that kind of blackmail. >> the one i think a lot of people
the willing, if he's going to sit down and negotiate, to keep whittling this deficit down. lou: as we are looking at videos of the president there, the president had refused to sign the legislation and to take it up as he is basically admonishing house republicans in front of the same employees that he had refused to bring back from furlough and this is getting beyond circuitous and stretching the bounds of all reason, isn't it? >> the hypocrisy is simply breathtaking. the president is...
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Oct 9, 2013
10/13
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he promised to cut the deficit in half. but he doubled it. >> the man who warned you about president obama and what a second term would be like. former governor presidential candidate mitt romney is here for an exclusive interview you don't want to miss, as we continue. straight ahead. ♪ [ male announcer ] may your lights always be green. [ tires reech ] ♪ [ beeping ] ♪ may you never be stuck behind a stinky truck. [ beeping ] ♪ may things always go your way. but it's good to be prepared... just in case they don't. toyota. let's go places, safely. but it's good to be prepared... just in case they don't. could save you fifteen percent or more on car insurance. mmmhmmm...everybody knows that. well, did you know that old macdonald was a really bad speller? your word is...cow. cow. cow. c...o...w... ...e...i...e...i...o. [buzzer] dangnabbit. geico. fifteen minutes could save you...well, you know. >>> and welcome back to "hannity," while white house and the liberal mainstream friends continue to place the blame on the re
he promised to cut the deficit in half. but he doubled it. >> the man who warned you about president obama and what a second term would be like. former governor presidential candidate mitt romney is here for an exclusive interview you don't want to miss, as we continue. straight ahead. ♪ [ male announcer ] may your lights always be green. [ tires reech ] ♪ [ beeping ] ♪ may you never be stuck behind a stinky truck. [ beeping ] ♪ may things always go your way. but it's good to be...
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Jan 5, 2013
01/13
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KQEH
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government is not just its annual deficit, but its total liabilities. our federal balance sheet does not include our unfunded social insurance obligations. medicare, social security, and the future retirement benefits of federal employees. only in the small print of the financial statements do you get some idea of the enormous size of the unfunded commitment. today, the estimated unfunded total is more than $87 trillion. that's 550% of our current gdp, gross domestic product. and the debt per household is more than 10 times the median family income. of course, we can go on whistling in the dark, until we run into the reality of a crisis we sometimes hear vaguely mentioned. when it is mentioned at all. unquote. >> that was an earlier column. have you had a chance to sleep on this? do you want to retract any of that? >> that is pretty scary stuff, mort? >> it is scary stuff. and i think a lot of people who who have followed this issue closely share the same view. this is not something i dreamt up. this is a very serious problem facing this country. and an
government is not just its annual deficit, but its total liabilities. our federal balance sheet does not include our unfunded social insurance obligations. medicare, social security, and the future retirement benefits of federal employees. only in the small print of the financial statements do you get some idea of the enormous size of the unfunded commitment. today, the estimated unfunded total is more than $87 trillion. that's 550% of our current gdp, gross domestic product. and the debt per...
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Sep 14, 2013
09/13
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the deficit funds are coming down, revenues are coming in. you know, the deficits are half of what they were. >> i don't worry about a thing, i maybe two years old. i just worry about my grandchildren and my children. these guys are going to be with something that will drive them right to the ground. you can't tax your way out of this baby and you can't grow your way out. neil: radically changing if anything, syria -- the best it does with this situation is prevent a government shutdown because in the midst of what could be threatening hostilities, why would anyone want to shut the government down, why would anyone want to cut military spending and we are getting into serious fights on these fiscal matters. >> i think it can shut down the government and i've never seen such a nasty bunch of people in my life. the social security checks and the veterans tax and shutting down the government but i think it's doubled as the little guy. neil: is not something that we always are able to avoid. so you're saying we should avoid this. >> yes, what a t
the deficit funds are coming down, revenues are coming in. you know, the deficits are half of what they were. >> i don't worry about a thing, i maybe two years old. i just worry about my grandchildren and my children. these guys are going to be with something that will drive them right to the ground. you can't tax your way out of this baby and you can't grow your way out. neil: radically changing if anything, syria -- the best it does with this situation is prevent a government shutdown...